TerraVest Industries Inc. (TSX: TVK)

TerraVest Industries Income Statement

Financials in millions CAD. Fiscal year is October - September.

Year Ending	TTM	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Revenue	767.33	678.35	576.7	307.46	304.25	306.29
Revenue Growth (YoY)	15.97%	17.63%	87.57%	1.06%	-0.66%	13.47%
Cost of Revenue	559.32	512.39	452.32	226.83	231.99	235.54
Gross Profit	208.01	165.96	124.39	80.63	72.26	70.74
Selling, General & Admin	99.85	84.32	72.97	34.07	36.37	33.59
Operating Expenses	99.85	84.32	72.97	34.07	36.37	33.59
Operating Income	108.16	81.64	51.42	46.56	35.89	37.15
Interest Expense	-21.64	-15.88	-9.34	-4.51	-5.23	-5.47
Net Interest Expenses	-21.64	-15.88	-9.34	-4.51	-5.23	-5.47
Income (Loss) On Equity Investments	0.01	0.01	-0.06	-0.08	-0.03	0.14
Currency Exchange Gain (Loss)	-0.15	-1.27	5.18	-2.12	0.6	0.3
Other Non Operating Income (Expenses)	0.27	1.58	-1.17	1.35	-0.13	-0.63
EBT Excluding Unusual Items	86.65	66.09	46.02	41.2	31.11	31.49
Merger & Restructuring Charges	-0.67	-0.18	-0.4	-0.43	-0.45	-0.1
Gain (Loss) on Sale of Assets	5.35	3.37	1.9	1.28	1.49	0.32
Gain (Loss) on Sale of Investments	1.56	1.09	1.66	3.99	1.71	-
Other Unusual Items	-	-3.1	9.47	-	1.64	-0.76
Pretax Income	92.9	67.27	58.66	46.05	35.5	30.95
Income Tax Expense	22.76	17.64	11.89	9.64	8.87	8.4
Earnings From Continuing Operations	70.14	49.63	46.77	36.41	26.63	22.56
Minority Interest in Earnings	-9.13	-7.56	-1.52	0.21	0.21	-0.06
Net Income	61.01	42.07	45.25	36.62	26.84	22.5
Net Income to Common	61.01	42.07	45.25	36.62	26.84	22.5
Net Income Growth	29.95%	-7.03%	23.58%	36.44%	19.31%	30.27%
Shares Outstanding (Basic)	18	18	18	18	18	17
Shares Outstanding (Diluted)	18	18	18	18	19	19
Shares Change (YoY)	1.74%	0.16%	-1.41%	-3.57%	-0.45%	-7.00%
EPS (Basic)	3.39	2.35	2.53	2.02	1.45	1.30
EPS (Diluted)	3.31	2.32	2.50	2.00	1.42	1.24
EPS Growth	27.91%	-7.20%	25.00%	40.75%	15.05%	38.91%
Free Cash Flow	72.72	46.09	-5.61	4.66	54.2	13.94
Free Cash Flow Per Share	3.95	2.54	-0.31	0.25	2.85	0.73
Dividend Per Share	0.550	0.500	0.400	0.400	0.400	0.400
Dividend Growth	22.22%	25.00%	0%	0%	0%	0%
Gross Margin	27.11%	24.46%	21.57%	26.23%	23.75%	23.10%
Operating Margin	14.10%	12.04%	8.92%	15.14%	11.80%	12.13%
Profit Margin	7.95%	6.20%	7.85%	11.91%	8.82%	7.34%
Free Cash Flow Margin	9.48%	6.79%	-0.97%	1.52%	17.82%	4.55%
EBITDA	144.84	115.39	80.76	60.94	50.41	48.79
EBITDA Margin	18.88%	17.01%	14.00%	19.82%	16.57%	15.93%
D&A For EBITDA	36.68	33.74	29.34	14.38	14.51	11.64
EBIT	108.16	81.64	51.42	46.56	35.89	37.15
EBIT Margin	14.10%	12.04%	8.92%	15.14%	11.80%	12.13%
Effective Tax Rate	24.50%	26.22%	20.26%	20.93%	24.99%	27.13%
Revenue as Reported	767.33	678.35	576.7	307.46	304.25	306.29

Source: S&P Capital IQ. Standard template.